Montenegro Current Account

Montenegro · Quarterly series · EC-ME-CA

Latest, Q2 2026

-569.49M EUR

+127.15M EUR from Q1 2026

Open interactive chartMontenegro Current Account in the app

637.8M-660.3M-1.958BQ1 2007Q2 2027
History through Q2 2026, the forecast path to Q2 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for Q2 2027: -586.61M EUR, with an 80% interval of -1.17B EUR to -36.95M EUR.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
Q3 2026-25.08M EUR-571.56M EUR325.22M EUR
Q4 2026-687.50M EUR-1.96B EUR637.79M EUR
Q1 2027-602.00M EUR-1.53B EUR305.47M EUR
Q2 2027-586.61M EUR-1.17B EUR-36.95M EUR

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-15.

AI confidence

Supported evidence

The point forecast beat the no-change baseline overall and in a majority of the evaluated tests.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+48%Beats the no-change baseline over 8 tests (8 tests, 7 won)
Direction
59%No clear edge over a coin flip (19 of 32 calls right in 8 tests)
Turning points
20 of 20Anticipated most turns (20 turns in 8 tests, 0 without a turn)
Error vs baseline
48% lowerError ratio 0.52; 1.00 is a tie.
Tests won
7 / 8Complete rolling backtests; ties count as no win.
Test period
2018-09-01 to 2026-06-014 observations ahead per test.
80% band coverage
84%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

It is above 5% of the 39 earlier readings since Q3 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
Q2 2026-569.49M EUR
Q1 2026-696.65M EUR
Q4 2025-847.33M EUR
Q3 202540.01M EUR
Q2 2025-534.80M EUR
Q1 2025-543.47M EUR
Q4 2024-561.00M EUR
Q3 202495.65M EUR
Q2 2024-460.80M EUR
Q1 2024-478.25M EUR
Q4 2023-463.69M EUR
Q3 2023210.06M EUR
Q2 2023-313.85M EUR
Q1 2023-284.04M EUR
Q4 2022-289.79M EUR
Q3 202269.70M EUR
Q2 2022-384.71M EUR
Q1 2022-213.07M EUR
Q4 2021-234.30M EUR
Q3 2021190.20M EUR
Q2 2021-301.08M EUR
Q1 2021-196.03M EUR
Q4 2020-272.65M EUR
Q3 2020-254.62M EUR

Source

Data: public market data feeds.

More from Agentic Investor

Also stored for Montenegro